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Dec 29, 2012
12/12
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KGO
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. >> you've been watching washington for a long time. are there any grown-ups in the house? do you have any optimism that these guys can come to some sort of agreement here? >> we saw last week, that speaker boehner doesn't control the far right of his own caucus. the problem is the polarization of the two parties has made it much more difficult to come together to get a deal. even, and this is the reality check, folks, 98% is agreed upon. both parties agree that 98% of americans shouldn't have their taxes raised. we're being held hostage by debate over the top 2%. that's not just an ideological divide. that's a partisan divide. it is holding our economy hostage right now. every american stands to see their taxes raised in three days if they can't come to a deal. >> you agree they will probably come to a small deal. but the bigger issue could happen a couple of months from now, and that that's the debt ceiling, which we have to address, too. that's kicking the can down the road again. >> that's right. we're going to be here again. rememb
. >> you've been watching washington for a long time. are there any grown-ups in the house? do you have any optimism that these guys can come to some sort of agreement here? >> we saw last week, that speaker boehner doesn't control the far right of his own caucus. the problem is the polarization of the two parties has made it much more difficult to come together to get a deal. even, and this is the reality check, folks, 98% is agreed upon. both parties agree that 98% of americans...
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Dec 30, 2012
12/12
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FOXNEWSW
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washington or the private economy? >> well, i think, actually if you look at a couple of indicators, it's not good for at least the first half of 2013. one is business investment. business investment is now weaker than in 2008. and on top, so you have lots of companies sitting on their hands and you also have small business confidence taking a huge hit in november, which is very worrying. and person per capita, person income. >> it's still down from even at the start of this recovery. steve, you wanted to get in there? >> yeah, let me be the bull here for a minute. we talk auld time about the energy sector and it's not just the energy sector, we've had a mini renaissance in manufacturing in this country, in transportation because of the fact the energy prices are falling and makes the american much more competitive at the margin. i think 2013 is going to see continued declines in energy prices. that's like a tax cut for the american consumer, paul. >> but, paul, the thing we haven't mentioned here is unemployment. we'v
washington or the private economy? >> well, i think, actually if you look at a couple of indicators, it's not good for at least the first half of 2013. one is business investment. business investment is now weaker than in 2008. and on top, so you have lots of companies sitting on their hands and you also have small business confidence taking a huge hit in november, which is very worrying. and person per capita, person income. >> it's still down from even at the start of this...
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Dec 10, 2012
12/12
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CSPAN2
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from washington journal, this is a little more than an hour. >> we are back. our conversation continues. gordon adams is the white house associate budget director for national security served from 1993 to 1997, and vice president of lexington institute here to give their perspective on sequestration and the impact on the pentagon. let's begin. what affect would this have, with immediate effect with the sequestration have on the pentagon? >> many of the contracts we already have for the major weapons in the 46 new tanker to be broken because of the change in money. what have to be very minimum renegotiated, but because of the reduced it's not clear how they would renegotiate or whether they could in fact be reestablished. second, you are going to have a slowdown in the existing. its renegotiated because the amount of money going through is the previous guest indicated this grant be less. third, you are going to have additional problems with respect to operations and maintenance accounts with it is the flying hours available to the trained pilots to do something
from washington journal, this is a little more than an hour. >> we are back. our conversation continues. gordon adams is the white house associate budget director for national security served from 1993 to 1997, and vice president of lexington institute here to give their perspective on sequestration and the impact on the pentagon. let's begin. what affect would this have, with immediate effect with the sequestration have on the pentagon? >> many of the contracts we already have for...
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Dec 30, 2012
12/12
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FOXNEWSW
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find out how some states are bucking the washington trend next. >>> washington may have made a big left turn this year, but in states across the country, another kind of reform is in the air. we begin in mech mitch which this month -- in michigan which was the 24th right to work state. we are back with jason riley and kim strossel and senior economic writer steve moore also joins the panel. steve, this is really an interesting story that i don't think gets of attention. the reforms taking place across the country in a>> lot of states. who are the stars you are looking at? >> i entirely agree with your premise, paul. if you talk about the demise of the republicans on the national level, we are not really seeing that on the state level. 30 republican governors today in america. the republicans actually picked up a governorship in north carolina. so the south now is almost entirely republican whereas justen 25 years ago it was pretty entirely democratic. it is not just the south. states like utah and idaho and others. >> what are they doing with that power? that's the interesting thing. >>
find out how some states are bucking the washington trend next. >>> washington may have made a big left turn this year, but in states across the country, another kind of reform is in the air. we begin in mech mitch which this month -- in michigan which was the 24th right to work state. we are back with jason riley and kim strossel and senior economic writer steve moore also joins the panel. steve, this is really an interesting story that i don't think gets of attention. the reforms...
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Dec 2, 2012
12/12
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CNBC
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stocks eeking out gains as traders wait on washington. while everybody is watching boehner and obama duke it out, a flashing red warning sign emerging for the consumer. shares of yum brands taking a hit on the warning on the outlook for china. what does this mean for the other multinationals. let's get in the monday and find out. dan, this is much more than a single stock story because yum is looked at as a barometer for china growth. >> that's a great point. >> this year as mcdonald's was signaling that china was weakening, chipotle. this year domestically, we're starting to see sales trends weaken. yum was doing fantastically in both regions. yum gets it disproportionate from the sales. relative to the competitors in china. about 45%. and a lot of investors were wondering how these guys were bucking the trend for so long. to me this is a little curious. they just gave guidance on china sales on october 10th. to me they may have a bit of a credibility problem. the other one we were talking about is tiffany's. these are a tale of two citi
stocks eeking out gains as traders wait on washington. while everybody is watching boehner and obama duke it out, a flashing red warning sign emerging for the consumer. shares of yum brands taking a hit on the warning on the outlook for china. what does this mean for the other multinationals. let's get in the monday and find out. dan, this is much more than a single stock story because yum is looked at as a barometer for china growth. >> that's a great point. >> this year as...
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Dec 30, 2012
12/12
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CSPAN2
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it's time for us in washington to do the same. here in the senate, it seems to me that we're always fighting about something. that might not change any time soon, but more often than not, i believe that we can raise to the common ground of great national purpose and i believe with all of my heart that this is one of those times. thank you, mr. president. and i yield the floor. i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: mr. durbin: mr. president? the presiding officer: the assistant majority leader is recognized. mr. durbin: ask consent the quorum call be lifted. the presiding officer: without objection. mr. durbin: mr. president, i rise with the intention of asking consent for the immediate passage of s. 215, the increasing american jobs through greater exports to africa act, legislation i've introduce in the senate with senators boozman, coons, cardin and landrieu, and that is being sponsored and led in the house of representatives by congressman chris smith and congresswo
it's time for us in washington to do the same. here in the senate, it seems to me that we're always fighting about something. that might not change any time soon, but more often than not, i believe that we can raise to the common ground of great national purpose and i believe with all of my heart that this is one of those times. thank you, mr. president. and i yield the floor. i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: mr. durbin: mr....
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Dec 13, 2012
12/12
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CNBC
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hate to be such a short-term trader, because i'm not, but we're hanging on every word out of washington so give me your long-term expectations as well. >> i think the economy is doing quite well, you know, despite the fiscal cliff, and even thought the worries about taxes are affecting investors, they are not really affecting general economic activity, so the good news is the economy's got some sort of head of steam going, so from that perspective if they can do a deal relatively quickly, thin think we're in good shape. >> come on, if you look at the of a dense measures, they are turning down and measures of durable good orders, turning down. our question is housing and recoveries and they account for almost 80% of the economy. you're right, the capital goods orders are hurting, mostly because businesses are uncertain, i agree but general consumer spending, confidence aside. consumers are spending. that's the good news. >> the good news is they are not focused on the fiscal cliff the way businesses are, but at some point everything comes home to roost. sentiment is up, spending is up, b
hate to be such a short-term trader, because i'm not, but we're hanging on every word out of washington so give me your long-term expectations as well. >> i think the economy is doing quite well, you know, despite the fiscal cliff, and even thought the worries about taxes are affecting investors, they are not really affecting general economic activity, so the good news is the economy's got some sort of head of steam going, so from that perspective if they can do a deal relatively quickly,...
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Dec 12, 2012
12/12
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FOXNEWSW
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jim angle is following late developments from our washington newsroom. there have been a lot of them in just the last 30 minutes. >> i will say, shep. the clock, of course, as you indicated is clicking louder. not clear if we had real progress or just movement. president and speaker boehner did talk by phone tonight after white house offer monday and counter offer from boehner about which his office said quote we sent the white house a counter offer that would achieve tax and entitlement reform to solve our loom being debt crisis and create more miner jobs. the statement also reit raided, however, what speaker boehner and others said earlier today. listen. >> we're still waiting for the white house to identify what spends cuts the president is wig to makes a part of the balanced approach. where are the president's spending cuts? >> the president spent $1.8 trillion in 2001. last year three years later $3.6 trillion. by any measure of size of government has grown well beyond its means slightly increases the amount of revenues he is seeking from $1.6 trill
jim angle is following late developments from our washington newsroom. there have been a lot of them in just the last 30 minutes. >> i will say, shep. the clock, of course, as you indicated is clicking louder. not clear if we had real progress or just movement. president and speaker boehner did talk by phone tonight after white house offer monday and counter offer from boehner about which his office said quote we sent the white house a counter offer that would achieve tax and entitlement...
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Dec 8, 2012
12/12
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CSPAN
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"washington journal" here on c- span. this week, we will have the vermont governor and new chairman of the democratic governors' association, who will talk about the fiscal cliff and laying the groundwork for the 2013 and 2014 elections. lives on sunday at 10:00 a.m. eastern. next, a quick look at president obama and the first family last week at the national christmas tree lighting ceremony. ♪ [applause] >> merry christmas, everybody! >> it is great to see you all. happy holidays. happy holidays, mr. president. >> is it time? i think it's time. i hope everybody is ready. we have to do the countdown. starting with five. 5, 4, 3, 2, 1. [cheers] ♪ >> merry christmas, everybody. ♪ >> please welcome the director of washington and st. john's church. >> let us about our heads in prayer. let us prey. gracious god who has blessed us with this good land for our heritage, we humbly pray that we may always prove ourselves to be a people mindful of your favre and glad to do your will. we pray that you will save us from violence
"washington journal" here on c- span. this week, we will have the vermont governor and new chairman of the democratic governors' association, who will talk about the fiscal cliff and laying the groundwork for the 2013 and 2014 elections. lives on sunday at 10:00 a.m. eastern. next, a quick look at president obama and the first family last week at the national christmas tree lighting ceremony. ♪ [applause] >> merry christmas, everybody! >> it is great to see you all....
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Dec 11, 2012
12/12
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CSPAN2
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if a worker is going from boston to washington d.c. and have so many more options for work for employment, employers can have many more options if their employees could make it today commute. we need to get started and there has been so much discussion on this committee with the stimulus package and i really have to question why it is members of congress are so headstrong against high-speed rail in some corridors when it was their governors and state legislatures that wanted the high speed rail dollars and yet they have rejected, rejected that. i have to say in maryland we were beneficiaries when florida when through its own rejection. i am grateful for that. i don't think it was particularly smart. and how we can get off of the dime. sometimes there is great resistance to change and that requires somebody to punch through with vision and i am sure, i know this is true, over a time when the interstate highway system was being developed there were areas that we don't want the highway. who doesn't want off highway now? there have been ot
if a worker is going from boston to washington d.c. and have so many more options for work for employment, employers can have many more options if their employees could make it today commute. we need to get started and there has been so much discussion on this committee with the stimulus package and i really have to question why it is members of congress are so headstrong against high-speed rail in some corridors when it was their governors and state legislatures that wanted the high speed rail...
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Dec 11, 2012
12/12
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FBC
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we'll be examining tonight what's happening inichigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayer blind." llory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egan military to arrest people in the street even as he claimed to have rescinded the ctatorial powers he assumed which have spurre violent demonstrations. and a new intelligence report concludes that america's time as the lone perpower is nearing an end. former director of national intelligence jo negro panty joins us to talk about our future as a superpower and the challenges that we'll surely face we begin tonight with one of the few scheduling misadventures of president obama'swire tenure in -- entire tenure in office. e president speaking to autoworkers outside detroit today, aday before governor snyder will sign michigan' newly-passed right-to-work law into effect. the presidenttanding firmly with the unio that worked hard to get him reelected. >> wha we shouldn't do, i st gotta say this,
we'll be examining tonight what's happening inichigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayer blind." llory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egan military to arrest people in the street even as he claimed to have rescinded the ctatorial powers he assumed which have spurre violent demonstrations. and a new intelligence report concludes that america's time as...
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in washington d.c. and here's what's coming up tonight the big picture yesterday there was yet another fatal mass shooting this time in the suburbs of portland oregon any more totally preventable shootings most there be before washington finally and acts an assault weapons ban also after suffering major blows in last month's election it's clear that the republican party has lost its way but are conservatives in washington ready to face facts and do what's necessary to once again become a relevant and mainstream political party and republicans are busy sharpening their knives getting ready to tear apart medicare prevent millions of senior citizens from having access to health care what happens if president obama caved to republican demands and stick senior citizens with a raw deal i tell you and i feel it to. you need to know this while tens of thousands of unionized workers made their voices heard in front of the michigan state capitol yesterday protesting their state's new right to work for less law co
in washington d.c. and here's what's coming up tonight the big picture yesterday there was yet another fatal mass shooting this time in the suburbs of portland oregon any more totally preventable shootings most there be before washington finally and acts an assault weapons ban also after suffering major blows in last month's election it's clear that the republican party has lost its way but are conservatives in washington ready to face facts and do what's necessary to once again become a...
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711
Dec 29, 2012
12/12
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WJLA
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this is sears >> good morning, washington. winter weather possible today, especially north and west of the city. temperatures generally above freezing. thes all arranged to southeast. in annapolis. if you light snow showers in the .areastown we have two systemsoming at us, one from the tennessee the and another from carolina coast. will miss the area.gton have a winter weather advisory until 6:00. and they could have anywhere from 1-3 inches of snow activit 2-for may be closer to north and west to get. be all ranid to the south. mostly rain. high's 35-40. >>> give me the rope from under the seat. >> take a look at this dramatic chain reaction, ice rescue in the mountains of california. one by one, he's sledders plunging into the icy waters. and the whole thing was caught on tape. coming up, how all these people were saved in a matter of moments. 12 people falling into the ice. horrifying video. >> incredible video. we'll show you the rescue in a few minutes. good morning, america. i'm dan harris, alongside bianna golodryga on
this is sears >> good morning, washington. winter weather possible today, especially north and west of the city. temperatures generally above freezing. thes all arranged to southeast. in annapolis. if you light snow showers in the .areastown we have two systemsoming at us, one from the tennessee the and another from carolina coast. will miss the area.gton have a winter weather advisory until 6:00. and they could have anywhere from 1-3 inches of snow activit 2-for may be closer to north...
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Dec 18, 2012
12/12
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dan, my dear friend and colleague, you will be missed in washington as much as you will be missed in hawaii. rest in peace. god bless you and your spirit. mr. president, i yield the floor. a senator: mr. president? the presiding officer: the senator from north carolina. mrs. hagan: i ask unanimous consent the help committee be discharged from further consideration of s. 3472 and the senate proceed to its immediate consideration. the presiding officer: the clerk will report. the clerk: s. 3472, a bill to amend the family educational rights and privacy act of 1974, to provide improvements to such act. the presiding officer: without objection. the committee is discharged. the senate will proceed to the measure. mrs. hagan: i further ask that the landrieu substitute amendment which is at the desk be agreed to, the bill as amended be read a third time and passed, the motion to reconsider be laid on the table, with no intervening action or debate, and that any statements relating to the measure be printed at the appropriate place in the record as if read. the presiding officer: without obj
dan, my dear friend and colleague, you will be missed in washington as much as you will be missed in hawaii. rest in peace. god bless you and your spirit. mr. president, i yield the floor. a senator: mr. president? the presiding officer: the senator from north carolina. mrs. hagan: i ask unanimous consent the help committee be discharged from further consideration of s. 3472 and the senate proceed to its immediate consideration. the presiding officer: the clerk will report. the clerk: s. 3472,...
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Dec 13, 2012
12/12
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CURRENT
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two guys who are part of the conventional wisdom in washington. they have written tremendous things. they wrote a whole book. these are the points that i love. they said if you want to use a strategy of "i'm going to lie all the time" when you have the false equivalence of the mainstream press you get away with it. their philosophy is supposed to be that they represent the middle class so they don't have to lie as much as the guys who only rich the very, represent the very, very rich. if you call it even every time you're going to let the republicans get away with it. you think they don't know that? if voters are going to be able to hold accountable political figures they got to know what is going on. and if the story you're telling repeatedly that they're all to blame, they're equally to blame then you're really doing a disservice to the voters and not doing what journalism is supposed to do. that's exactly right. if you call it 50/50 you're lying to your audience. you're helping the republicans lie to the voters. what you need to do is to be obj
two guys who are part of the conventional wisdom in washington. they have written tremendous things. they wrote a whole book. these are the points that i love. they said if you want to use a strategy of "i'm going to lie all the time" when you have the false equivalence of the mainstream press you get away with it. their philosophy is supposed to be that they represent the middle class so they don't have to lie as much as the guys who only rich the very, represent the very, very rich....
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Dec 19, 2012
12/12
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CNBC
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once again we saw both sides digging n.no deal on the fiscal cliff in washington and stocks sold out. nasdaq composite off a third of a percent and the s&p 500 down 11 points, and the countdown continues. only seven trading days left until the fiscal cliff dead livent was today the beginning of a bigger selloff if a deal does not come soon? joining me right now is a cnbc contributor from western destination and steven hammers from the emp fund and our own rick santelli and joe greco from meridian equity partners finishing up his trades and will join us momentarily. good to see everybody. michael, let me kick it off with you. i know it's really hard to navigate every day because every day there's a new expectation in the market, but it felt like today was about the fiscal cliff. if we go over the fiscal cliff with no deal, is that a significant issue for the markets early january? >> if we go over the fiscal cliff without a deal, we're probably looking at a 6%, 7% correction and then in my view you load up on equities. you know, maria, we're starting to put a little bit of risk on. nev
once again we saw both sides digging n.no deal on the fiscal cliff in washington and stocks sold out. nasdaq composite off a third of a percent and the s&p 500 down 11 points, and the countdown continues. only seven trading days left until the fiscal cliff dead livent was today the beginning of a bigger selloff if a deal does not come soon? joining me right now is a cnbc contributor from western destination and steven hammers from the emp fund and our own rick santelli and joe greco from...
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Dec 11, 2012
12/12
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FBC
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they're just playing games right in washington. folks in office and this president is guilty of class warfare. for what? for that? are you kidding me? president obama seems to love the drama. i thought he didn't like drama. but the reality is there will be is little impact on our fiscal future. and as a nation, after all of the drama and whatever the outcome, we remain in great jeopardy. because this isn't a fiscal future any of us, any of us wants. >>> morsi declares martial law in gypt and claims he's not a dictator. the obama middle east policy coming undone. the a-team reacts. >>> obama what? another state tells the federal government it'ssnot interested in that obamacare exchange, and some democrats appear to be rethinking obamacare altogether. we'll tell you all about it. >>> and america's superpower status, a shocking new report by our intelligence community warning that our power may be in decline. we'll be talking about our future as a superpower with the former director of national intelligence, john negroponte, next. ♪
they're just playing games right in washington. folks in office and this president is guilty of class warfare. for what? for that? are you kidding me? president obama seems to love the drama. i thought he didn't like drama. but the reality is there will be is little impact on our fiscal future. and as a nation, after all of the drama and whatever the outcome, we remain in great jeopardy. because this isn't a fiscal future any of us, any of us wants. >>> morsi declares martial law in...
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Dec 11, 2012
12/12
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CSPAN2
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eye 77
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we're committed to it in washington state. we support that and we think that taxpayers should continue to see the benefits for the dollars invested. but we also believe that passenger rail is where its advocates were our future needs to go and we appreciate the vision of the president and the administration. thank you. spent thank you for your testimony. ms. schneider, secretary of transportation for the state of illinois. five minutes. >> thank you, mr. chairman, and members of the committee. i appreciate the opportunity today to submit testament to you on behalf of illinois governor pat quinn to give you an update on the high speed in intercity rail program in illinois. first i want to thank the members of this committee, the entire congress and the obama administration for supporting a healthy intercity passenger rail system. for your leadership on freight rail infrastructure needs and for supporting improved service with words and money. we're grateful for the investments from the american recovery and reinvestment act whi
we're committed to it in washington state. we support that and we think that taxpayers should continue to see the benefits for the dollars invested. but we also believe that passenger rail is where its advocates were our future needs to go and we appreciate the vision of the president and the administration. thank you. spent thank you for your testimony. ms. schneider, secretary of transportation for the state of illinois. five minutes. >> thank you, mr. chairman, and members of the...
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127
Dec 18, 2012
12/12
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CSPAN
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here is the washington -- the "washington post. they're getting closer to some sort of deal. let's begin with the overall march of this. they're looking at more spending cuts, one being social security or more benefits. in general, what you think this means for states? guest: as this is a balding, -- is an evolving, these proposals do not have a lot of effect on the states. the big programs for spending our social security, medicare and medicaid. what we are hearing is that medicaid is off the table and that is the only one of the three that has a direct impact on the states with the federal share program. and the other things we are hearing are on the revenue side. and again, the direct impact on states is very minimal. host: what if sequestration were to happen? what is the biggest concern for states? if they can reach a deal, was the biggest concern? guest: the biggest concern is that states have not been able to plan for what is going to happen because they do not know. everyone says sequestration will not happen. now we are two weeks away and states have had to figure of
here is the washington -- the "washington post. they're getting closer to some sort of deal. let's begin with the overall march of this. they're looking at more spending cuts, one being social security or more benefits. in general, what you think this means for states? guest: as this is a balding, -- is an evolving, these proposals do not have a lot of effect on the states. the big programs for spending our social security, medicare and medicaid. what we are hearing is that medicaid is off...
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Dec 10, 2012
12/12
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WBFF
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laws in washington nn with new- pollrado. ((break 2)) witt pot becoming legal for and washington... thh new move poses a challenge inndrafting the rules behind toking-and- peaunesse akes a ook at how much is too much... drrving while high. high. p nationally 23 pprcent of those killed in auto acciddnts have some drug ther than alcohol in their system.. pot willlonly make thhngs worsee now, pot advocates say that's not true that smokers drive. well, washington statee taking noo hances imposing a strict limit on the amount of system. nats: "want to know r why i pulled you ovvr? littering and smoking the reefer." driving while high. while illeeal, research in europe show too much ii onn and judgment eccles says: "one of the first and most importaat is an inabilityyor peduced abillty to divide ones attention." marijuana less debilitating than aacoholl yet a new canndian studd says thoseewho driie withinn33hours of smmking pot crash eccles says: "anooher under iifluence of marijuana is a reduced ability to too much ?sims says: "i don't feel we are in unchartered territory, i know we are
laws in washington nn with new- pollrado. ((break 2)) witt pot becoming legal for and washington... thh new move poses a challenge inndrafting the rules behind toking-and- peaunesse akes a ook at how much is too much... drrving while high. high. p nationally 23 pprcent of those killed in auto acciddnts have some drug ther than alcohol in their system.. pot willlonly make thhngs worsee now, pot advocates say that's not true that smokers drive. well, washington statee taking noo hances imposing a...
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258
Dec 29, 2012
12/12
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KGO
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eye 258
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>> you've been watching washington for a long time. are there grown-ups in the house? can these guys come to an agreement here? >> we saw last week, that speaker boehner doesn't control the far right of his caucus. this is the reality check, folks, 98% is agreed upon. 98% of americans shouldn't have their taxes raised. we're being held hostage by debate over the top 2%. that's a partisan divide. every american stands to see their taxes raised in three days if they can't come to a deal. >> you agree they will probably come to a small deal. but the bigger issue could happen a couple of months from now, and that that's the debt ceiling. that's kicking the can down the road again. >> that's right. we're going to be here again. remember the debt ceiling debacle a year and a half ago. that led to the downgrading of our credit. and the s&p blamed an atmosphere of partisanship. but the ration questions americans have to ask themselves, is if we couldn't get anything done in the lame duck congress, after the election, politicians will be free t
>> you've been watching washington for a long time. are there grown-ups in the house? can these guys come to an agreement here? >> we saw last week, that speaker boehner doesn't control the far right of his caucus. this is the reality check, folks, 98% is agreed upon. 98% of americans shouldn't have their taxes raised. we're being held hostage by debate over the top 2%. that's a partisan divide. every american stands to see their taxes raised in three days if they can't come to a...
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Dec 13, 2012
12/12
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FBC
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new numbers on debt and what voters want to come out of any deal out of washington. we've got it for you. >>> and wait until you hear just how dire the situation is in detroit. a third of the people on food stamps? almost half out of the labor force? and yes, they want a federal bailout. we're talking about all of this. and a whole lot more with this company: recovering investment banker. charles payne is here and nicole petallides always on the floor of the new york stock exchange. thursday morning, i will say it again, dead flat for the dow jones industrial average. and we have dead flat, the rate on 30 year mortgages from freddie mac actually it's down a tad, 3.32%. how's that for a 30 year? i've been saying this for weeks now, who would have thought. here's another number for you, the u.s. government spent 172 billion dollars more than it took in, during november alone. that means we're very likely headed for another trillion dollars annual deficit. that would be the fifth straight. the national debt, 16.37 trillion dollars. president obama apparently not concern
new numbers on debt and what voters want to come out of any deal out of washington. we've got it for you. >>> and wait until you hear just how dire the situation is in detroit. a third of the people on food stamps? almost half out of the labor force? and yes, they want a federal bailout. we're talking about all of this. and a whole lot more with this company: recovering investment banker. charles payne is here and nicole petallides always on the floor of the new york stock exchange....
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Dec 10, 2012
12/12
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CSPAN2
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and i remember distinguished, for example, coming to washington in the summer of 1998 to attend a seminar that ralph nader was sponsoring. he, too, was very much a critic. and so the criticism that was being leveled at fannie mae which really coming from both sides, although admittedly conservatives were more on top of it then the democrats and the liberals. the concern in addition to cultural changes that i saw was a result of changes that were going on inside of fannie mae, and freddie mac to a lesser extent. bob has done a marvelous job of tracing its history and the evolution in the book. and for me it was something like a trip down memory lane, to read his book. because i kept running into names of people like ray laptop, roger berg, all of the people who are involved in the agency, and running it. one summer i read buchanan's book, james buchanan, the nobel laureate, in economic science, and got turned on to the concept of public choice theory. and that was another alarm bell for me, because it gave me another perspective in which to look at what was going on inside of washington. i
and i remember distinguished, for example, coming to washington in the summer of 1998 to attend a seminar that ralph nader was sponsoring. he, too, was very much a critic. and so the criticism that was being leveled at fannie mae which really coming from both sides, although admittedly conservatives were more on top of it then the democrats and the liberals. the concern in addition to cultural changes that i saw was a result of changes that were going on inside of fannie mae, and freddie mac to...
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Dec 27, 2012
12/12
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KTVU
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former members of a regulatory agency are walking the well worn path from washington to wall street. since june, 9 members of the commodity futures trading commission have taken jobs at financial firms including jpmorgan chase and japanese investment bank nomura, according to the wall street journal. members of the cftc have been making the transition to help firms intepret changes under the dodd- frank reforms passed in 2010. critics of this revolving door contend ex-staffers can use personal connections to pressure regulators into developing more favorable rules for their new employers. the housing market continues to show signs of stabilization. that's according to the latest case-shiller home price index, which reports housing prices slid in october but are up from the same time last year. october home prices slid 0.1% in the 10 biggest metro areas. however, prices were up 4.3% from the same time last year. new york and chicago were the only cities where prices took a drop from last year. however, markets that had been struggling to regain strength are now showing signs of life,
former members of a regulatory agency are walking the well worn path from washington to wall street. since june, 9 members of the commodity futures trading commission have taken jobs at financial firms including jpmorgan chase and japanese investment bank nomura, according to the wall street journal. members of the cftc have been making the transition to help firms intepret changes under the dodd- frank reforms passed in 2010. critics of this revolving door contend ex-staffers can use personal...
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Dec 5, 2012
12/12
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KSTS
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. >>> solo washington y nuevo mÉxico lo permiten. >>> significa algo grande para nosotros porque realmente ahora si podemos saber quiÉn estÁ manejando en las calles estas personas van a tener que acoger el examen, van a tener que pasar todos los reglamentos y tambiÉn van a poder comprar seguros para sus autos. >>> pero no todos los senadores estuvieron de acuerdo con la medida. >>> tristemente estos son polÍticos que Únicamente estÁn tratando de conseguir el voto latino pero estÁn tratando de hacer las cosas a la carrera. >>> aÚn falta aprobarla en la cÁmara baja por eso llegaron apoyar la legislaciÓn. >>> venimos pendientes de ahora si lograr las licenciass creo el esfuerzo necesitamos hacerlo todos por eso invitamos a todas las personas a venir con nosotros. >>> este es el su tercer intento de aprobar las licencia de manejar para indocumentados esta vez los republicanos apoyaron la medida, pero solo serÁ para personas sin rÉcord primo en el y solo se na utilizada para manejar y no tendrÁ otros derechos. >>> sabemos que el gobernador de illinois felicitÓ al senado para haber
. >>> solo washington y nuevo mÉxico lo permiten. >>> significa algo grande para nosotros porque realmente ahora si podemos saber quiÉn estÁ manejando en las calles estas personas van a tener que acoger el examen, van a tener que pasar todos los reglamentos y tambiÉn van a poder comprar seguros para sus autos. >>> pero no todos los senadores estuvieron de acuerdo con la medida. >>> tristemente estos son polÍticos que Únicamente estÁn tratando de...
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Dec 18, 2012
12/12
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CNBC
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send it to washington. i it's kenny's recipe of the day. >> they are so great. >> maybe they will talk more. you never know. >>> sue to the bond market, five-year notes up for action. rick santelli. >> hi, tyler, another spongy auction. the high stroke of 1:00 eastern was .765 on the bid side. what were the results of this auction, .769. it tailed off a bit. the 10 auction average, 2.87. this was deficient at 2.72. the lightest since july. indirect well below 42 auction average. here is where it's interesting. new trend, central banks, large institutions on direct bidding, 30.4, 11% is a 10 auction average. that's the best since sep '04, 77 basis points. rick, all yours. >> let's bring in jeff, cnbc contributor. you're a bond guy at the cme. is this a bond bubble and are we coming out of it? >> we talked a couple weeks ago on "power lunch" how we're poised to see the long end of the curve. we had confirmation when ben bernanke said they were going to focus the purchase on the belly of the curve. that's what
send it to washington. i it's kenny's recipe of the day. >> they are so great. >> maybe they will talk more. you never know. >>> sue to the bond market, five-year notes up for action. rick santelli. >> hi, tyler, another spongy auction. the high stroke of 1:00 eastern was .765 on the bid side. what were the results of this auction, .769. it tailed off a bit. the 10 auction average, 2.87. this was deficient at 2.72. the lightest since july. indirect well below 42...
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Dec 7, 2012
12/12
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CNBC
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in washington news, both parties hinting at renewed talks on the fiscal cliff. the acknowledgement of open lines of communication passed for encouraging news. a new survey finds more than 60% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for corporate america, through yesterday's close, there have been # 70 announcements of special dividends. these special difference deebds are valueded a more than $30.1 billion. among the latest names, mcgraw hill will pay a special dividends of $2.50 a share before year end. and drop its previously announced plan to buy back up to $200 million more of stock this year. >> everybody's paid their dividends this year, so they won't be paying them next year. >> this is a major issue. what's going to happen is -- we have two great economists onset. but that money will get annualized, so
in washington news, both parties hinting at renewed talks on the fiscal cliff. the acknowledgement of open lines of communication passed for encouraging news. a new survey finds more than 60% of leading investment professionals predict a shorp stock decline in the market if the government fails to come up with a deal. in this case defined as a more than 10% drop in the dow. 56% surveyed foresee a deal to avoid the cliff by year end, 44% predict failure in the ongoing negotiations. as for...
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Dec 26, 2012
12/12
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CSPAN
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washington journal continues. host: joining us on indianapolis is doug wissing, author of "funding and the enemy." we are talking about afghanistan and the end game. first, the title of your book that you wrote this year, how u.s. taxpayers bankrolled the taliban, remind us of what you were right thing? -- were writing. guest: i am sorry. i'm getting feedback in my earphone. if you could come off my audio, thank you. when i was imbedded with u.s. soldiers in afghanistan, i began to realize that the soldiers were trying to explain to me that there was a toxics system that was connecting distracted american officials, -- i'm sorry, i'm back to getting this in my ear phone. host: we will see if they can fix it. if you can try to continue, we will try to fix it. guest: there was a toxic network, hearing myself twice simply does not work. there was a toxic network that was connecting distracted american officials, u.s. corporations, military- industrial and development and industrial complex corporations, corrupt afgha
washington journal continues. host: joining us on indianapolis is doug wissing, author of "funding and the enemy." we are talking about afghanistan and the end game. first, the title of your book that you wrote this year, how u.s. taxpayers bankrolled the taliban, remind us of what you were right thing? -- were writing. guest: i am sorry. i'm getting feedback in my earphone. if you could come off my audio, thank you. when i was imbedded with u.s. soldiers in afghanistan, i began to...
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Dec 8, 2012
12/12
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CSPAN
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eastern on c-span. >> tomorrow on "washington journal." we will talk about the latest of the so-called fiscal cliff discussions. then all look at the lobbying going around the fiscal cliff negotiations by clients in washington. our guest is anna palmer. and later a discussion on syria and the response from the international community. live at 7:00 a.m. eastern here on c-span. this week on news makers, the vermont governor and chair of the democratic governors' association peter shumlin. he talks about the fiscal cliff and laying the groundwork for the 2013-2014 election. that is at 10:00 a.m. eastern on c-span. >> in president obama's weekly address, he talks about tax policy, the tax cuts put in place by the previous administration that will expire at the end of the year. then the republican address on the economy, jobs, and education policy. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it
eastern on c-span. >> tomorrow on "washington journal." we will talk about the latest of the so-called fiscal cliff discussions. then all look at the lobbying going around the fiscal cliff negotiations by clients in washington. our guest is anna palmer. and later a discussion on syria and the response from the international community. live at 7:00 a.m. eastern here on c-span. this week on news makers, the vermont governor and chair of the democratic governors' association peter...
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Dec 14, 2012
12/12
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KGO
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. >>> brad garrett a former fbi profiler, he's an abc news analyst, he's coming to our washington bureau today, he was trying to help us figure out some reasoning why someone would do this. we often point to illness after cases like this. i was struck by the age, 24 years old. columbine, virginia tech, they were students at those particular schools involved. but this was an elementary school. when you hear 24 years old, you immediately think, this is a little different from what we have seen. >> that's correct. david, as we talked about earlier, what's the connection between the shooter with the school? if there's a child, shooter's child, connected to the shooter some way, one quick scenario, if this involves a domestic situation, he lost custody of this children, in murders of children by the fathers, it's mainly driven many times by wanting to kill the mother and the children because they believe the mother produced this child and no one else is going to have this child i'm going to take this child out. now, what would you do that and kill aother children? the real motive of this, we'
. >>> brad garrett a former fbi profiler, he's an abc news analyst, he's coming to our washington bureau today, he was trying to help us figure out some reasoning why someone would do this. we often point to illness after cases like this. i was struck by the age, 24 years old. columbine, virginia tech, they were students at those particular schools involved. but this was an elementary school. when you hear 24 years old, you immediately think, this is a little different from what we...
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Dec 18, 2012
12/12
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CSPAN2
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all he has in his office are pictures of washington and hawaii. that's the humility that he showed his entire life. there was no staff there, just the two of us. we talked for an hour. and i would always remember it but his having passed away yesterday, it will be embedded in my mind. as we left, we both lamented the fact we hadn't been able to sit down and talk like that enough. he professed at that time, these were his words, how lucky he'd bin his whole life. he said i got a little emphysema now, i said it's not from smoking, i've never seen you smoke, he said no, i learned to smoke in the war as a boy, a teenager. he smoked from 1944 to 1967. and they told him he had lung cancer. but they were wrong. but in the process they took out part of his lung out, half of his lung. he talked about how lucky he had been with surviving what he thought was lung cancer, but also how lucky he had been his whole life. for example, the war. now, i'm sure that most people would reflect on his massive injuries that he had as being lucky, but he considered it luc
all he has in his office are pictures of washington and hawaii. that's the humility that he showed his entire life. there was no staff there, just the two of us. we talked for an hour. and i would always remember it but his having passed away yesterday, it will be embedded in my mind. as we left, we both lamented the fact we hadn't been able to sit down and talk like that enough. he professed at that time, these were his words, how lucky he'd bin his whole life. he said i got a little emphysema...
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Dec 3, 2012
12/12
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CNBC
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dozens of industry leaders are in washington, d.c. taking their case to congress and the president and going over that cliff could be a threat to our national security. let's bring in david hess, president of pratt and whitney. david, how severe is the problem? critics will say that the defense industry has grown pretty much every year for the last 20 years and that we probably spend way too much on defense anyway. >> it's hard to understand that comment. quite honestly what often gets missed in the midst of this debate right now is we're already in the middle of step one of defense budget reductions. we're in the midst of under the budget control act which has already been passed, we're in the midst of a $487 billion defense spending reductions right now. you are seeing that in the headlines and some of the analyses -- >> sorry, david, are those real reductions or are those cuts to projected increases? >> i characterize them as real reductions. you can see that in some of the headlines, unfortunately, we're dealing with across the co
dozens of industry leaders are in washington, d.c. taking their case to congress and the president and going over that cliff could be a threat to our national security. let's bring in david hess, president of pratt and whitney. david, how severe is the problem? critics will say that the defense industry has grown pretty much every year for the last 20 years and that we probably spend way too much on defense anyway. >> it's hard to understand that comment. quite honestly what often gets...
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Dec 31, 2012
12/12
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WGN
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just two months after voters maine, maryland and washington state approved same sex marriage laws.. this is where the people of america are.. this is where the people of illinois are. citing the presidents stance, the white house said 'were the president still in the illinois state legislatuire, he would support this measure that would treat all illinois couples equally.' but conservative chicago democrat, represenative joe lyons, says the presidents view wont change his vote against the marriage bill... telling wgn by phone 'when he was in the state senate, president obama voted present on any controversial bill that came up.' that sentiment is echoed by other conservatives in the state, including the chicago catholic archdiocese and the thomas more society. the president is entitled to his opinion. he is only one voter. >>the bills author says the bill strikes a balance protecting churches from having to consecrate marriages it wishes not to... yet affords couples equal marriage rights under the law. the velocity of public opinion is changing so rapidly that i think were all surpr
just two months after voters maine, maryland and washington state approved same sex marriage laws.. this is where the people of america are.. this is where the people of illinois are. citing the presidents stance, the white house said 'were the president still in the illinois state legislatuire, he would support this measure that would treat all illinois couples equally.' but conservative chicago democrat, represenative joe lyons, says the presidents view wont change his vote against the...
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Dec 15, 2012
12/12
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MSNBCW
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there are reports from "the new york times," from "the washington post," that the shooter, adam lanza, may have had some form of asperger's syndrome or autism, we are told, that he may have had some form of a personality disorder. how will that play into the long-term profile of him? >> i think it's kind of a red herring for us to be focusing too much on what the exact diagnosis is. because, frankly, what does it really matter? we know this individual is a very sick, deranged man. and, so, while we can attempt to understand this better, in order to prevent an additional massacre like this, i really think the best thing for us to do, craig, is to kind of go a little bit upstream, and look at why this is happening so much. we know these people are doing this. we know this is not the last time that we're going to be here. >> is it -- go ahead. go ahead. here's what i was going to ask you. is it simply access to mental health care, or is it more than that? >> it is more than that. and you're asking excellent questions. obviously, it's access to guns. but it is not just access to mental he
there are reports from "the new york times," from "the washington post," that the shooter, adam lanza, may have had some form of asperger's syndrome or autism, we are told, that he may have had some form of a personality disorder. how will that play into the long-term profile of him? >> i think it's kind of a red herring for us to be focusing too much on what the exact diagnosis is. because, frankly, what does it really matter? we know this individual is a very sick,...
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Dec 29, 2012
12/12
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CSPAN
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host: next up is don on the washington redskins. -- "washington journal." caller: i've been on social security for several years now. it's my understanding that the amount of money that you pay in through the payroll tax affects the amount of social security that you receive and it looks to me like people are under the illusion that this 2% is a good deal but at the same time, why they're going to be shortening themselves when they retire. is that right? guest: so that's a good question. it actually isn't really right. so the payroll tax is basically being used as a vehicle to deliver the tax cuts to workers. the way the federal budget accounting works is that the money that is not going into the social security system via the reduced payroll tax, is being reimbursed from general revenue so the reduced -- the reduced payroll tax from the last few years will not affect benefits that you accrue for the future. host: mark of the american enterprise institute writes under the headline "make the middle class pay more." he says -- host: your thoughts about what m
host: next up is don on the washington redskins. -- "washington journal." caller: i've been on social security for several years now. it's my understanding that the amount of money that you pay in through the payroll tax affects the amount of social security that you receive and it looks to me like people are under the illusion that this 2% is a good deal but at the same time, why they're going to be shortening themselves when they retire. is that right? guest: so that's a good...
SFGTV: San Francisco Government Television
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Dec 16, 2012
12/12
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SFGTV
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case of annexing none portland it will be looked at on a case by case analysis and this would be eight washington or c well lot 851 is a good example of this type of situation where there is parcel and annexing into district and schedule is a adopting an infrastructure financing plan and it's a two step process that starts with inferring the district and then chem back with the infrastructure financing plan and actually specific the improvements from that district and priority improvements water front district, consistent with i f d in the investment would be consistent with the law obviously, the water front plan and our own capital plan and economic benefit we would always produce analysis for the policy makers that show the total tax revenues to the general opportunity fund and other economic development besides board of trustees and that way the city can review the position of general fund in making this contribution and where the state and city -- where there is state and city matching where we can -- secure the state chair for pier 70, we would make it a priority and the amount of allocated
case of annexing none portland it will be looked at on a case by case analysis and this would be eight washington or c well lot 851 is a good example of this type of situation where there is parcel and annexing into district and schedule is a adopting an infrastructure financing plan and it's a two step process that starts with inferring the district and then chem back with the infrastructure financing plan and actually specific the improvements from that district and priority improvements...
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Dec 23, 2012
12/12
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CNNW
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unfortunately, washington is getting in the way. and what we find out this week, ali, is that the problem is not just a lack of trust between democrats and republicans, we found out that the republicans themselves can't unite. which means that the cooperative solution that you need to solve this country's headwinds becomes much more difficult, which means that the private sector will become more cautious, will higher less, will invest less, which means that our economic growth will slow down. and our unemployment rate will stop going down as fast. >> we're just starting to get some traction here, we want to keep this going. mark, let me ask you, the economy is doing better than expected. there's no question. the revisions to a lot of numbers are looking better. housing is coming back. the median price of an existing home shot up 10% in november year over year. we've been seeing six months of home values going up in a row. a lot of americans build their wealth through their homes, higher home values means more confidence going forwar
unfortunately, washington is getting in the way. and what we find out this week, ali, is that the problem is not just a lack of trust between democrats and republicans, we found out that the republicans themselves can't unite. which means that the cooperative solution that you need to solve this country's headwinds becomes much more difficult, which means that the private sector will become more cautious, will higher less, will invest less, which means that our economic growth will slow down....
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Dec 30, 2012
12/12
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CNNW
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quite a few of you were frustrate would the lack of action in washington. this is missy with her take on the men and women in congress. >> this whole fiscal cliff mess shows how incredibly out of touch you are with the way people really live in this country. you are off in la la land and everybody is saying how you are acting like a bunch of spoiled brats who are more interested in being right than in doing the right thing and actually representing the people who elected you. >> and another one that came up came from chris he sent in an opinion with which side needs to give a bit more in his negotiations. >> democrats and republicans need to come together. let's get real. president obama has already given a lot more ground than the republicans have. so, my advice to senator reid and president obama would be try to stop negotiations with republicans who, like spoiled children, have no interest in compromise. remember who won the election? >> well said. finally, alberto willy sent in this reminder that lawmakers are there to serve everybody and can be voted o
quite a few of you were frustrate would the lack of action in washington. this is missy with her take on the men and women in congress. >> this whole fiscal cliff mess shows how incredibly out of touch you are with the way people really live in this country. you are off in la la land and everybody is saying how you are acting like a bunch of spoiled brats who are more interested in being right than in doing the right thing and actually representing the people who elected you. >> and...
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Dec 10, 2012
12/12
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CNBC
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nothing's happening in washington. there is no movement towards consensus on either side of the debate. people look at that and say what were we so optimistic about? i think the cliff will be more of an effect afterwards. but to go back to stewart's point, he's talking about 2% growth in spending. 2% consumer growth is probably going to produce a very weak gdp number. although we had a nice number on the boost, we'll have a horrible in the next quarter. which isn't great. that's really the point. 11% rise in fedex sales not going to lead in an 11%? consumer spending. at beast we're looking at 2%. that's not good. >> my 2% forecast is for next year. i think we'll do better this quarter. and you don't sell 15.5 million cars in the month of november if consumers can't get the credit. and they're not in somewhat of a spending mood and feel they have the income to justify it. >> well, it is subprime lending that is driving that. 45% of all new leases are subprime. that's not particularly good. they have cut the lease rates
nothing's happening in washington. there is no movement towards consensus on either side of the debate. people look at that and say what were we so optimistic about? i think the cliff will be more of an effect afterwards. but to go back to stewart's point, he's talking about 2% growth in spending. 2% consumer growth is probably going to produce a very weak gdp number. although we had a nice number on the boost, we'll have a horrible in the next quarter. which isn't great. that's really the...